"The important thing that is before us is that there are 34 petitions against government in the High Court and 20 in Supreme Court," Law and Parliamentary Affairs Minister Jayachandra told reporters here.
There are 54 cases on the matter and government has appointed a special counsel both in Bengaluru and Delhi, he said.
"We are taking opinions from the special counsel. I have sought their advice on what call government needs to take...probably very shortly we will come to a final decision," he said.
It had recommended an inquiry by CBI, ED, vigilance commission or an investigative agency of equal standing.
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NandiInfrastructure Corridor Enterprises (NICE) is the implementing agency of the BMIC project, whichincludes developing the 111-km four-lane expressway, fivetownships and supporting infrastructure.
The minister said there are court stays on matters regarding which the committee has made its recommendations.
"In a week or ten days time, I will hold a meeting and we will come to a final decision," he said.
He also said the company was taking shelter under various agreements signed later, diluting the framework agreement, which has been mentioned in the report also.
During the recently concluded assembly session at Belagavi, members of the legislative assembly cutting across party lines had demanded that government take action at the earliest.
Expressing dismay over delay in taking actionbased on the House committee report submitted a year ago, some of them including former chief minister and JDS leader H D Kumaraswamy had demanded that government take over the project.
On whether government has the power to take over the project citing breach of contract, he said "it is notruled out.